4.09.2008

This is mildly frighting and mildly funny - in today's Metro there's an article discussing how a glut of stolen credit card numbers and other personal information has forced ID thieves to adopt mainstream business tactics, such as price-cutting, to appeal to their customers:

Fierce competition among identity thieves has driven the prices for stolen data down to bargain-basement levels, which has forced crooks to adopt mainstream business tactics to lure customers, according to a new report on Internet security threats.

The price of a credit card number has apparently dropped from $2 to $0.40 of recent.[read more from a San Francisco Metro article I dug up here]